411 Waverly Pl - Apartments FOR SALE


Escondido, CA 92025- Central Escondido
$900,000 USD
858-327-9430
411 Waverly Pl, Escondido, CA for Sale
$900,000 USD
Apartments - FOR SALE
1/13
null | 7% Cap Rate

411 Waverly Pl
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • Qualified Opportunity Zone ( 1.0 & 2.0 Eligible )
  • Flag Lot with Natural Open Space Boundary via Adjacent Escondido
  • Highly Desired Development Area by Escondido Planning Dept
  • Low Operating Cost Strategy available for Developer/Owner/User

OVERVIEW

Prime central Escondido development site in a qualified opportunity zone ( version 2.0 eligible ) with conceptual building plans for 6-14 units. Preliminary conversations between architect and Escondido planning dept provide a promising landscape for approval to build a high density multifamily project. Existing SFR is occupied by long term tenants ( month to month ) DO NOT DISTURB OCCUPANTS . Call Brokers to schedule site tour. Interior of house to be shown with accepted offer.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$101 USD /SF

# OF UNITS

14

PRICE/UNIT

$64,286

CAP RATE

7%

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waverly Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,108 SF

ZONING

SP - Specific Plan

APN/PARCEL ID

229-304-41-00

ASK ABOUT THIS PROPERTY

Drew DillerBridgePoint Realty, INCMore Info
858-327-9430

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Drew DillerBridgePoint Realty, INCMore Info
858-327-9430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.